May 16, 2024
Finance

Finance watchdogs press Morgan Stanley on work with wealthy clients who have been flagged about money laundering

Morgan Stanley shares fell the most in five months after a report that a cadre of U.S. regulators are scrutinizing the firm’s efforts to prevent potential money laundering by wealthy clients. The Securities and Exchange Commission, the Office of the Comptroller of the Currency and other Treasury Department offices are digging into whether the New

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Crypto

U.S. targets Iraqi airline, its CEO and Hamas cryptocurrency financiers for sanctions

WASHINGTON (AP) — The U.S. on Monday hit Iraqi airline Fly Baghdad and its CEO with sanctions, alleging assistance to Iran’s military wing — and in addition, imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 terrorist attack on Israel. The sanctions come as Israel’s

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